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Marcus Agius attends launch of Women on Boards report

12 Oct 2011

Group Chairman Marcus Agius is today attending an event at Downing Street launching the Women on Boards: 6 month Monitoring Report, published by the UK’s Cranfield School of Management and sponsored by Barclays.

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The Barclays Board fully embraces the benefits of diversity and will strive to continue to increase the diversity of its Board, including by appointing more female Directors, while always ensuring that all Directors are appointed on merit.

Marcus Agius, Group Chairman

Group Chairman Marcus Agius is today attending an event at Downing Street launching the Women on Boards: 6 month Monitoring Report, published by the UK’s Cranfield School of Management and sponsored by Barclays.

The report contains research on whether UK companies are following the recommendations of the Lord Davies Report published in February 2011, which highlighted the need for more female representation on boards.

The Women on Boards: 6 month Monitoring Report published findings revealing women hold 14.2 per cent of FTSE100 directorships, an increase of 1.7 per cent since 2010.

Among FTSE250 companies, 8.9 per cent of directorships are held by women, up from 7.8 per cent in 2010.

Group Chairman Marcus Agius commented on Barclays commitment to diversity: “The Barclays Board fully embraces the benefits of diversity and will strive to continue to increase the diversity of its Board, including by appointing more female Directors, while always ensuring that all Directors are appointed on merit.”

“We shall be aiming to ensure that at least 20 per cent of our Board is made up of women by the end of 2013 and for that position to have exceeded 25 per cent by the end of 2015.”